The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was The Procter & Gamble Co. (NYSE: PG) which traded up 1.25% at $80.09. The stock’s 52-week range is $77.10 to $93.89. Trading volume totaled about 6.2 million shares, well below the daily average of more than 8 million. The company’s reported sale of some cosmetics businesses to Coty continued to stoke the share price today.
American Express Co. (NYSE: AXP) whih traded up 1.22% at $80.33. The stock’s 52-week range is $76.53 to $96.24. Trading volume totaled about 5.5 million shares, about 10% below the daily average of around 6 million. The company had no news today, but got word yesterday that the appeals court will expedite the company’s request to overturn an unfavorable ruling.
Intel Corp. (NASDAQ: INTC) traded up 1.03% at $31.96. The stock’s 52-week range is $29.31 to $37.90. About 24 million shares traded hands today, about 20% below the daily average of around 30 million. The company today confirmed that it is laying off workers. Intel said the reductions are “no more than a few hundred at any given site or geography. The company employs more than 107,000 workers worldwide.
Cisco Systems Inc. (NASDAQ: CSCO) traded higher by 0.99%% at $29.00. The stock’s 52-week range is $22.49 to $30.31. Trading volume was around 15.5 million shares, well below the daily average of nearly 25 million. The company today unveiled a $10 billion investment plan to boost its business in China.
Of the Dow 30 stocks 22 are set to close higher today and 8 are on track to close lower.
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